Stock Market & Financial Investment News

On The Fly: Analyst Downgrade SummaryBoeing (BA) downgraded to Neutral from Buy at Goldman... Community Health (CYH) downgraded to Fair Value from Buy at CRT Capital... ConAgra (CAG) downgraded to Neutral from Buy at Goldman... Equity One (EQY) downgraded to Hold from Buy at MLV & Co... Lennar (LEN) downgraded to Neutral from Positive at Susquehanna... Symantec (SYMC) downgraded to Hold from Buy at Jefferies... CSN (SID) downgraded to Sell from Neutral at Goldman... Herbalife (HLF) downgraded to Hold from Buy at Argus... Office Depot (ODP) downgraded to Neutral from Overweight at JPMorgan... Carrizo Oil & Gas (CRZO) downgraded to Hold from Accumulate at KLR Group.

News For BA;CYH;CAG;EQY;LEN;SYMC;SID;HLF;ODP;CRZO From The Last 14 Days

Alaska Air purchasing six Boeing Extended Range aircraftAlaska Airlines (ALK) is purchasing six more Boeing (BA) 737-900 Extended Range aircraft, valued at $594M. Boeing's current list price. The new planes, four scheduled for delivery in 2016 and two in 2017, bring Alaska's total of locally manufactured jets on order to 79.

Soros increased Herbalife stake last quarter amid slide, Bloomberg saysGeorge Soros’ Soros Fund Management increased its stake in Herbalife during the fourth quarter as the stock declined, according to Bloomberg, citing two people familiar with the matter who noted that the firm will disclose details in a filing as early as today. The Fly notes that large investors are given until today by the SEC to disclose their 13F filings outlining their holdings as of the end of the fourth quarter of 2014. Reference Link

Hong Kong women posed as Herbalife presidents, South China Morning Post saysTwo women who claimed to be presidents of Herbalife took HK$50M in orders for the company's products from about 60 people before disappearing, according to The South China Morning Post. A number of the victims lost a significant amount of money on the scheme, the newspaper stated. Reference Link

Boeing awarded $29.5M contract for laser weapons on Navy shipsBoeing said it has been awarded a $29.5M contract to design and develop a beam control system that could provide exceptional accuracy for laser weapons on U.S. Navy warships.

Judge halts illegal immigrant amnesty plan, NY Times saysA federal judge ordered the Obama administration to stop implementing its plan to prevent up to 5M illegal immigrants from being deported, according to The New York Times. The judge, who ruled that the government had failed to adhere to certain administrative rules in carrying out the president's executive actions on immigration, ordered the programs halted until he makes a final decision on the case, the newspaper explained. A number of analysts have said that the amnesty plan will hurt hospitals, since illegal immigrants who are granted legal status by the orders will not be able to obtain health insurance but will become more likely to seek treatment from hospitals. Publicly traded companies in the space include Community Health (CYH), HCA Holdings (HCA), LifePoint (LPNT), Tenet (THC) and Universal Health (UHS).Reference Link